"Transneft" have reacted strongly to the proposal of "Rosneft" to become a shareholder monopoly. President Igor Sechin state company in late January suggested that the Government consider the possibility of placing additional shares of "Transneft" in favor of his company. According to the plan Sechin proceeds monopoly could develop oil pipeline system .This hasty initiative " Rosneft " can only lead to regret , and compare it can only be unworthy of this hysteria…

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.